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Question 3 3 points Save Answer (3 Grades) On January 1, 2018, Manama Company has 8% 80,000 shares of $20 par value, Cumulative preferred stock and 280,000 shares of common stock authorized, issued and outstanding at $5 par value. The Company declared and paid cash dividends as follows: Year Dividends 2018 $100.000 2019 $220.000 2020 $380.000 Required: In the below table, determine the amount of cash dividends distributed to each class of shares over the three years. Please: Present each year in a separate line. For the toolbar, press ALT-F10 (PC) or ALT+FN+F10 (Mac). BI V 5 Paragraph Arial 10pt 111 v A > T